I do not think China does not like bitcoin or altcoin, as China is a country with many blockchain patents in the past year. Did you know Vechain, NEO, Qtum, Ontology are all projects from China?
They also released their own cryptocurrency charts in September, showing they are very interested in this market. I think the issue of accepting Bitcoin will be just time, they can issue a separate legal framework before accepting Cryptocurrency.
There is another flip side of accepting bitcoin blindly, it may cause some damage to their economy thats why china govt has not accepted cryptocurrencies openly yet and not even China many other countries have done the same, this phase may be their testing phase for creating and accepting blockchain technology for future planning.